The impact of automation on the manufacturing industry
Additive manufacturing, commonly called 3D printing, has revolutionized the manufacturing industry by offering unprecedented design flexibility, customization, and …
In this world, the necessity to digitalize every venture has turned out to be immensely prominent. Since online businesses and trading companies save a lot of time for consumers, they prefer collaborating online. People worldwide opt for contactless transactions, and this can be made into a reality by Fintech companies. Fintech Technology is a safe means to transfer money during the pandemic, where the epidemic is transmitted by touch. Till late, customers opted for in-person transactions owing to the lack of awareness regarding modern technology. Nevertheless, the COVID-19 crisis changed the entire demeanour with which people looked at technology. Though technological banking posed a challenge to traders and consumers at the onset, both parties have become accustomed to it recently.
The technological world opens a whole lot of opportunities to Fintech Organisations. The companies can also explore emerging paths in their sector. The contactless wallet is one such method that could be experimented with. Nevertheless, the companies should ensure that they hold the goodwill of the consumers. Since this is an emerging technology, drawbacks would be prevalent. Instead of being dissatisfied with the complaints of the consumers, the retailers can empathetically address the grievances of the customers. The organisers can also try collaborating online. Besides all of these strategies, retailers can explore new avenues and bring forth new consumers.
Additive manufacturing, commonly called 3D printing, has revolutionized the manufacturing industry by offering unprecedented design flexibility, customization, and …
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